Cyclical Implications of the Variable Utilization of Physical and Human Capital
We develop a business cycle model in which consumption goods, physical capital and human capital are produced in separate sectors.
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|Date of creation:||1996|
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- Craig Burnside & Martin Eichenbaum, 1994. "Factor Hoarding and the Propagation of Business Cycles Shocks," NBER Working Papers 4675, National Bureau of Economic Research, Inc.
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